Q. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:

Correct Answer

the year 2003

More Questions on Indian Economy

  • Q. In India Yellow revolution is associated with:
    A)production of oil seeds.
    B)production of tea
    C)production of flower
    D)production of paddy
    Answer: production of oil seeds.
  • Q. Excise duty is a tax levied on the
    A)export of goods
    B)import of goods
    C)production of goods
    D)sale of goods
    Answer: production of goods
  • Q. The first national commission on labours was constituted on:
    A)December 24, 1967
    B)November 24, 1966
    C)December 24, 1966.
    D)November 24, 1967
    Answer: December 24, 1966.
  • Q. The central co-operative banks are in direct touch with
    A)state co-operative banks
    B)farmers
    C)land development banks
    D)central government
    Answer: state co-operative banks
  • Q. During which five Year plan was phase of heavy industrialization initiated?
    A)First five year plan
    B)Third five year plan
    C)Second five year plan.
    D)Fourth five year plan
    Answer: Second five year plan.
  • Q. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?
    A)NITI Ayog
    B)RBI
    C)The Comptroller General of Accounts
    D)None of these
    Answer: The Comptroller General of Accounts
  • Q. In Global Hunger Index (GHI) India has been ranked at:
    A)102nd place among 117 developing countries
    B)105th place among 117 developing countries
    C)96th place among 119 developing countries
    D)109th place among 117 developing countries
    Answer: 102nd place among 117 developing countries
  • Q. Subsidies mean
    A)payment made by business enterprises to factors of production
    B)payment made by companies to shareholders
    C)payment by government for purchase of goods and services
    D)payment made by the government to business enterprises, without buying any goods and services
    Answer: payment made by the government to business enterprises, without buying any goods and services
  • Q. Aam Admi Bima Yojana was launched on:
    A)March 5, 2009
    B)November 14, 2011
    C)March 10, 2008
    D)October 2, 2007
    Answer: October 2, 2007
  • Q. The largest producer of Coffee in the country is:
    A)Tamil Nadu
    B)Kerala
    C)Andhra Pradesh
    D)Karnataka
    Answer: Karnataka
  • Q. The concept of zero-based budgeting was given by:
    A)Peter drucker
    B)Jagdish bhagwati
    C)Peter A. Payer.
    D)None of these
    Answer: Peter A. Payer.
  • Q. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
    A)SBI
    B)ARDC
    C)NABARD
    D)PACs
    Answer: NABARD
  • Q. The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
    A)Statutory Liquid Ratio (SLR)
    B)Central Bank Reserve (CBR)
    C)Statutory Bank Ratio (SBR)
    D)Central Liquid Reserve (CLR)
    Answer: Statutory Liquid Ratio (SLR)
  • Q. The main rubber producing state in the country is:
    A)Tamil Nadu
    B)Kerala
    C)Karnataka
    D)Hyderabad
    Answer: Kerala
  • Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
    A)Services sector
    B)Food processing
    C)Chemicals other than fertilizers
    D)Telecommunication
    Answer: Telecommunication
  • Q. Which of the following is the most appropriate cause of export surplus?
    A)Country's stringent import policy
    B)Country's exports promotion value
    C)Developments in national and international markets
    D)None of the above
    Answer: Developments in national and international markets
  • Q. The first multi–purpose river valley project of independent India is:
    A)Damodar
    B)Bhakra-Nangal
    C)Hirakud
    D)Nagarjunasagar
    Answer: Damodar
  • Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
    A)1986
    B)2006
    C)1982
    D)1975
    Answer: 1975
  • Q. Green Banking channel has been launched by:
    A)State Bank of India
    B)Punjab National Bank
    C)Reserve Bank of India
    D)Bank of Baroda
    Answer: State Bank of India
  • Q. Depreciation means
    A)closure of a plant due to labour trouble
    B)loss of equipment over time due to wear and tear
    C)closure of a plant due to lock out
    D)destruction of a plant in a fire accident
    Answer: loss of equipment over time due to wear and tear

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